LFG Europe an operational private equity firm based in Zurich, announced that it has acquired STRATSONE, an IT and Education Technology provider company. The purchase was advised by LFG Capital Partners an investment company in order to serve the needs of the education industry and its customers worldwide. The takeover decision was triggered by the economic effects of COVID-19 and its impact on the education industry as the pandemic has highlighted an increased market demand for education technology solutions in schools and a necessary shift to a more technology-centred teaching approach. Peter Rajapaksa Richards, Managing Partner of LFG Europe said: “The integration of EdTech has a great potential to improve learning for students and allow them to gain 21st century skills. We truly believe that STRATSONE’S strategy is in line with the forthcoming market demands and will support the integration of cutting-edge technology in the classrooms” The stock purchase of the EdTech company fits into LFG’s strategy to provide comprehensive financial support, create further value and provide a creative approach to achieve business growth. By purchasing the company, LFG Europe will provide the necessary support to the company’s transformation and to further improve STRATSONE’S operation and expansion plans. “The acquisition of STRATSONE represents an important strategic opportunity to offer education technology solutions to a fast-paced market segment, consulting, cost savings and development opportunities for schools, teachers, students, education professionals and a variety of other education institutes in and around Switzerland” said Jade Eyvaz, STRATSONE’S board member. The acquisition also adds capacity and geographic presence to better treat and manage the business. About LFG LFG Europe makes sector-focused private equity, venture capital and growth equity investments in high-growth and high-potential companies across the world. With offices in Zurich, London and Dusseldorf, the company collaborates across their European platform to leverage their team's deep sector knowledge, investment experience, relationship network and global operating resources. LFG focuses on middle-market investments and it is positioned to provide resources and insights that help companies succeed in the global marketplace. About STRATSONE STRATSONE is a portfolio company of LFG Europe that provides a complete range of education technology solutions. STRATSONE was founded in 2013 in Switzerland. With a long history and heritage from the information technology industry, nowadays the company navigates to new directions and discovers the possibility to integrate high-tech solutions in the education sector. The company’s products are designed to improve STEM education and transform teaching methods by providing customized STEM learning plans and STEM Kits for students. For further information about STRATSONE please visit www.stratsone.com. Media Contacts LFG Capital Partners Switzerland Eszter Uhrin | Marketing & Communications Manager | +41 44 515 55 35 | email@example.com STRATSONE AG Jade Eyvaz | Operations Manager | +41 44 244 10 60 | firstname.lastname@example.org Disclaimer This Press Release may contain certain forward-looking statements. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. There can be no assurance that such factors will not affect the accuracy of such forward-looking statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information set forth in this Press Release including such forward-looking statements. This press release does not constitute an offer to sell or the solicitation of an offer to buy.
LFG Europe Advised by LFG Capital Partners to Take Over Stratsone a Fast-growing EdTech Company
Press Release: May 27, 2020